by Professor Ivan Turok
Introduction
Housing is a crucial issue for the economy, yet the links between housing and economic progress are generally neglected. Housing policy has tended to stand apart from economic objectives and disciplines, sometimes by design and sometimes by default. As a result, it has often hindered rather than helped to improve the prosperity of people and places. The problem has recently come back to bite, with R12 billion cut from the national housing programme in the 2020 Budget. This followed mounting evidence of its deteriorating performance (SACN, 2014; GTAC, 2016; Turok, 2016a, 2016b).
To read Prof Turok’s article{Published in New Agenda, 76, April 2020, pp.42-46} click on the link below: